VentuRise 2022: A recap
VentuRise 2024: Live

Silver Sponsor

State Partner
(Dept. of E, IT. BT and S&T)

Strategic Partner

Ecosystem Partner

Research Partner

Does your startup excel in these
champion sectors?

Electronics Systems Design
& Manufacturing (ESDM)

ELIGIBILITY CRITERIA

Startups with an innovative, scalable product or solution in the following areas:

  • Semiconductor Manufacturing
  • Embedded Systems
  • IoT Devices
  • Wearable Technology
  • Consumer Electronics

CHALLENGE STATEMENTS

IOT/AI-Based Electronic System for SMART CITY+

Any Solution that can support:

  • Improvement in Energy Savings to make city green to reduce carbon footprint (Alternate Energy/Smart Control)
  • Improvement in Traffic management and reduction in pollution levels
  • Smart utilities for effective utilization of resources.

 

Requirement from the participating company:

  • They need to present an architecture-level block schematic of the proposed solution in 45 days
  • Have the capability to demonstrate a Proto sample or POC in 120 days.
AI-Driven Smart Grid+

Implement AI and ML for reporting transmission losses in national power distribution represents a significant advancement towards a more efficient, reliable, and cost-effective power grid. This proposal outlines a robust framework for leveraging cutting-edge technologies to address one of the critical challenges faced by the energy sector today.

AI-based Smart water management and distribution system.+

To develop an AI-driven smart water management and distribution system that optimizes water usage, enhances leakage detection, improves demand forecasting, and supports proactive maintenance through integrated data and advanced analytics.

Electric Vehicles (EV)
and Clean Mobility

ELIGIBILITY CRITERIA

Startups with an innovative, scalable product or solution in the following areas:

  • Sustainability
  • Battery Technology
  • Charging Infrastructure
  • Smart Grid Solutions
  • Renewable Energy Integration
  • Sustainable Urban Mobility
  • Waste Management
  • Circular Economy Solutions

CHALLENGE STATEMENTS

Safe Battery Transportation Solutions +

Engineer compliant transportation and handling solutions for used batteries to address safety concerns and regulatory requirements.

Battery Tracking System +

Create a robust tracking and traceability system for batteries throughout their life cycle, including end-of-life batteries and recycled minerals. Ensure responsible recycling and supply chain transparency.

Aerospace and Defence

ELIGIBILITY CRITERIA

Startups with an innovative, scalable product or solution in the following areas:

  • Unmanned Aerial Vehicles (UAVs)
  • Cybersecurity Solutions
  • Advanced Materials for Defence
  • Space Technology
  • Satellite Communication
  • Radar Systems
  • Defence Electronics
  • Autonomous Systems

CHALLENGE STATEMENTS

AI Vision Systems for Inspection +

Develop AI-driven systems to automate and enhance inspection processes in aerospace and defence. Solutions should focus on improving accuracy in defect identification and ensuring compliance with industry standards.

AR/VR for Design, Manufacturing & Skilling +

Implement Augmented Reality (AR) and Virtual Reality (VR) technologies to optimize design accuracy, streamline manufacturing processes, and enhance employee training
in aerospace.

Anti-Drone Systems +

Build effective anti-drone technologies to detect, identify, and neutralize rogue drones, protecting sensitive aerospace and defence installations and operations.

The ultimate launchpad for your startup

Total prize money pool

Booth/Showcase space

TiE Global Summit & Bengaluru Tech Summit, this November & December

Access to Investors

Curated 1-1 meetings with investors & understanding each of their thesis

Access to Mentors

Curated 1-1 mentoring sessions, including Pitch Deck reviews

Access to Customers

Exclusive pitch sessions at Invest Karnataka & curated 1-1 customer meetings

*Conditions Apply

Meet our esteemed mentors

Ankit Fatehpuria

Co-founder, Zetwerk

A pioneering force in the manufacturing and supply chain industry, Ankit is driving innovation and efficiency. His strategic insights and leadership are transforming Zetwerk into a global leader in the industrial sector.

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Awais Ahmed

Founder & CEO, Pixxel

A trendsetter in the space technology industry. With a vision to revolutionise Earth observation through cutting-edge satellite technology, he is leading Pixxel into a future of enhanced global insights and solutions.

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Gadhadar Reddy

Founder & CEO, NoPo Nanotechnologies

Gadhadar Reddy, CEO of NoPo Nanotechnologies, has pioneered HiPCO® Carbon Nanotube manufacturing, positioning India as a global leader in Single-Walled Carbon Nanotubes (SWCNTs). His vision is to use these nanotubes to make space more accessible, with innovations impacting defense, space, and biotech sectors.

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Minu Margaret

Founder & CEO, Bliss Club

A visionary in the lifestyle sector, Minu is dedicated to transforming how people experience fitness and well-being. Through innovative solutions at Bliss Club, she leads a movement towards healthier and more balanced lifestyles.

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Kaushik Mudda

Co-founder & CEO, Ethereal Machines

Kaushik Mudda, founder of Ethereal Machines, leads one of India's few VC-funded deep-tech startups and is the first to win CES's Best of Innovation award. Backed by Sequoia, Steadview, and Blume Ventures, he authored "63 Rejections - The Fight to Break Even," inspiring young entrepreneurs. He has also received prestigious accolades from CII and CNBC.

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Rohan Ganapathy

CEO & CTO, Bellatrix Aerospace

Rohan M Ganapathy is CEO & CTO of Bellatrix Aerospace, a two-times National Award-winning Indian space tech company. An aeronautical engineer, he specialises in electric propulsion, rocket propulsion, and space systems. Rohan patented the Microwave Plasma Thruster, an advanced electric propulsion system using water as a propellant.

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How it works

1

Apply

2

Online Pitching Round - Top 45

3

Showcase at GIM’25 @Bangalore Palace- Feb 2025

Schedule

08

Aug
2024

Call for Applications

08

Oct
2024

Close of Applications & Start of Initial Startup Screening

22

Nov
2024

End of Initial Startup Screening

11

Dec
2024

VentuRISE’24 Showcase at

20

Jan
2025

Announcement of Top 45* Startups

12-14

Feb
2025

Announcement of Prize Money Winners at GIM'25

Note: Note for semifinalists:

  • A total of 180 semifinalists across 3 tracks will be chosen based on the interim evaluation process.
  • You will receive a Day Pass for 11 December, granting free entry to the event.
  • You can avail a 20% discount on the delegate ticket if you wish to attend the event on other days
  • Showcase has no implication on the selection of the finalists and winners between Dec’24 and Feb’25.

FAQs

VentuRISE is an international startup competition designed to recognize, reward, and support startups in ESDM, Auto & Clean Mobility, Aerospace & Defence related sectors. Participants present their solutions for the challenge statements provided by the industry for a chance to win prizes, gain visibility, and receive mentorship.

The challenge is open to startups at various stages of development, from early-stage ventures to more established companies. Participants must have a scalable business model and a solution that addresses a global or significant problem.

To enter, submit your startup’s application through our online portal. The application typically includes details about your business model, market potential, team, and growth strategy. Check the official website for specific entry requirements and deadlines.

No, there is no application fee to participate in VentuRISE. We aim to make it accessible to a wide range of startups globally.

Startups are evaluated based on several criteria including innovation, solution feasibility, scalability, team strength, and social or environmental impact. Specific criteria may vary depending on the challenge’s focus.

Prizes may include cash awards, mentorship from industry experts, access to funding opportunities, promotional support, and invitations to networking events. Details of the prizes will be outlined in the challenge guidelines.

Finalists are selected through a multi-phase evaluation process. Initial applications are reviewed by a panel of judges, and selected teams may be invited to pitch their ideas in person or via virtual presentations.

While it depends on the specific challenge, finalists may have the option to pitch virtually. However, being present in person can provide additional networking opportunities and exposure.

Participants often receive access to resources such as mentorship, workshops, networking events, and sometimes even co-working space or business development services. Details will be provided to registered participants.

To stay updated, follow our official website and social media channels. You can also subscribe to our newsletter for the latest news, deadlines, and announcements related to VentuRISE.

If an Indian entity, then it should be an entity incorporated/ registered as Private Limited Company as defined in the Companies Act, 2013 / One Person Company (OPC)/ Limited Liability Partnership (LLP) (under the Limited Liability Partnership Act, 2008) or Partnership Firm (registered under section 59 of the Partnership Act, 1932)

If the entity is incorporated outside India then it should be incorporated as a legal entity by the authorised Govt Agency/ Department in-charge.

Total revenue generated in terms of turnover from the date of incorporation should not have exceeded USD 12.5 Million.

Startups should not have crossed 10 years from the DATE of INCORPORATION/ REGISTRATION as on date of submitting the application.

  • Company Incorporation/ Registration Certificate (PDF Format - File size less than 30MB)
  • Pitch Deck (PDF Format - File size less than 30 MB)
  • Company Logo (PNG Format - File size less than 30 MB)

  • Companies cannot be a subsidiary/ franchise/ white labelled reseller/ part of a group company.
  • Companies cannot have a partnership value with another company/ entity.
  • Companies cannot be a Section 8 company or Trust/ Association/Society or a Non-For-Profit company.
  • Companies cannot be a Merger/ Demerger of a bigger organisation.
  • Companies cannot be a part of any Govt. initiative/ aided partner or public-private partnership company/firm.

The last date to apply for VentuRISE is September 15th, 2024.

You can write to us at [email protected]

Note: Please make sure to complete all mandatory fields and upload the required documents. Incomplete applications cannot be accepted and may result in rejection.

You can write to us at [email protected]

In the news

Businesstoday
latestly

Past winners

Devic Earth

Environment tech - Solving for air pollution

Received a patent for its air pollution control technology in July 2022

Suzhiyan Industrial Machines

Industrial pellet burners manufacturing

Achieved significant player status in sustainable industrial machinery for the
agri sector

Banashree Systems

Development of semiconductor market tools and designs

Became a key player in 180nm down to 7nm technology nodes

CellProp Private Ltd

Development and manufacturing of electric mobility solutions for commercial vehicles

Accomplished large-scale electrification of commercial vehicle fleets